18
OctStock market sheds N656bn, down by 2.53%
It was a bearish session on the floor of the Nigerian stock market on Monday as investors’ wealth declined by N656 billion The All Share Index was down by 2.53% to close at 46,365.95 points from the previous close of 47,569.04 points. The Market Capitalisation declined by 2.53% to close […]
18
OctNigeria’s inflation rate grew to 20.77% in September 2022
The National Bureau of Statistics has reported that the headline inflation rate in September 2022 was 20.77% as against 20.52% recorded in August 2022. This was 4.14% points higher compared to the rate recorded in September 2021, which was (16.63%). This indicates that in the month of September 2022 the[…]
18
OctStock market returns 0.46% WtD, as investors anticipate Q3 earnings
The stock market last week closed on a positive note as the All-Share Index and Market Capitalization appreciated by 0.46% to close at 47,569.04 points and N25.910 trillion respectively. Year to date the market has returned 11.36%. In the course of last week, an aggregate of 491.8 million units were[…]
17
OctQ3 2022 Earnings Forecast for Insurance Firms
Price/Earnings to Growth Ratio Analysis A few companies last week published their Q3 2022 earnings on the website of the Nigerian Exchange. We expect to see more results been released this week and coming weeks. Just like we have always advised that investment should be done against expectation and not[…]
